Dutch lenders' share of home-loan market down
Homebuyers turning to funds backed by institutional investors
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Amsterdam
DUTCH banks' share of the nation's mortgage market dropped to a record low last year as homebuyers turned to funds backed by institutional investors.
Rabobank, ING Groep NV and ABN Amro Group NV's home loans business fell by a combined 3.3 percentage points to 52.3 per cent of the Dutch market, while the share of mortgages originated by funds for institutional investors grew 5.7 percentage points to 22 per cent, according to a report by research firm IG&H Consulting BV.
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